Retirement

FEATURED ARTICLES ABOUT RETIREMENT - PAGE 2

The Sports Xchange Hejduk announces retirement Former Colorado Avalanche forward Milan Hejduk announced his retirement on Monday. Hejduk spent all 14 of his NHL seasons with the Colorado Avalanche. Last season, Hejduk had 11 points in 29 games. No team picked him up after he became a free agent in the offseason. Hejduk, 38, had 375 goals and 430 assists in 1,020 games with the Avalanche. He is the only player since the team moved from Quebec to play 1,000 games for the Avalanche.

NNN RET617.KIP Kiplinger's senior editor Anne Kates Smith interviewed Carrie Schwab-Pomerantz, president of the Charles Schwab Foundation and senior vice-president at Charles Schwab & Co. Schwab-Pomerantz is the author of The Charles Schwab Guide to Finances After Fifty. SMITH: What question do you get most often from people about their finances? SCHWAB-POMERANTZ: It's "How much do I need to retire?" Our rule of thumb is that you need 25 times the amount you expect to withdraw from your savings each year.

(Reuters) - Factbox on Scotland's Dario Franchitti who announced his retirement from IndyCar racing on Thursday. * Born in Scotland in 1973, he began racing karts as a child and steadily worked his way through different race classes. * He moved to the United States in 1997 to compete in CART series, winning his first race in Miami that season. * In 2001, he married Hollywood actress Ashley Judd in a Scottish castle. * In 2003, he switched to IndyCar, and enjoyed great success, winning the driver's championship in 2007, 2009, 2010 and 2011.

Stocks have always been the core plank in the Wall Street framework for retirement investing. According to this strategy, stocks are superior long-term investments compared with any other asset class, including bonds. The real risk with retirement savings, the thinking goes, is being too cautious with your money and earning a meager return. The "stocks for the long haul" mantra has become somewhat muted now that bonds have trounced stocks in the total-return sweepstakes for a considerable period.